Categoría: Geovanny Vicente

TAMPA, Fla., Feb. 16, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced a renewed strategic partnership with the National Beer Wholesalers Association (NBWA), the leading voice for America’s 3,000 independent beer distributors. Together, Fintech and NBWA bring collaborative programs and resources to beer distributors across the country.

Since the relationship’s inception in 2014, Fintech and NBWA have significantly impacted the United States beer industry. In the last six and a half years, Fintech has welcomed nearly 150 NBWA members to its beverage alcohol management program and rebated hundreds of thousands of dollars to NBWA and its members. Fintech has also worked closely with Lester Jones, NBWA Chief Economist, to bring pivotal insights into beer industry data through Fintech’s InfoSource®, presenting the information through partnered content.

«For the last seven years Fintech has been an outstanding partner to NBWA, and I’m excited to see that relationship continue,» said NBWA President and CEO Craig Purser. «Fintech has been providing tremendous value to NBWA members for years, but that value was never more evident than during this past year. Their ability to help distributors execute safe, contactless commerce throughout the COVID-19 pandemic has been a huge help in keeping the supply chain moving forward.»

«We are honored to renew our partnership with NBWA. They’re a great organization, and they truly mirror our passion for providing cutting-edge resources to the beer industry,» said Tad Phelps, Chief Executive Officer of Fintech. «This relationship affords both Fintech and NBWA the opportunity to grow our networks and help distributors nationwide improve operational efficiencies and data insights.»

In addition to continued joint marketing efforts and participation in the NBWA Annual Convention, the new three-year agreement affords NBWA members a discount on annual Fintech support and maintenance fees. Additionally, this new contract doubles the existing growth rebate for eligible distributors as they grow their retailer network through Fintech.

About NBWA

The National Beer Wholesalers Association (NBWA) represents America’s 3,000 independent beer distributors who service every state, congressional district and media market across the country. Licensed at the federal and state levels, beer distributors get bottles, cans, cases and kegs from a brewer or importer to stores, restaurants and other licensed retail accounts through a transparent and accountable regulatory system. Distributors build brands of all sizes – from familiar domestic beers to new startup labels and imports from around the world – and generate enormous consumer choice while supporting more than 140,000 quality jobs in their home communities. Beer distributors work locally to keep communities safe by sponsoring programs to promote responsible consumption, combat drunk driving and reduce underage drinking.

About Fintech

Fintech is the leading business provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 635,000 business relationships nationwide by simplifying the day-to-day functions necessary to protect and grow alcohol margins. To learn more, visit www.fintech.com. 

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Lauren Kane, 703.519.3097, lkane@nbwa.org

Follow @Fintech & @NBWA on Facebook, Twitter, and LinkedIn

 

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SOURCE Fintech

NEW YORK, Feb. 16, 2021 /PRNewswire/ — 2020 was a volatile year for M&A, with an almost complete halt in deal activity in the early months of the Covid-19 crisis and a rebound in the second half of the year, when deal value rose by more than 30% in the third and fourth quarters. Bain & Company’s new survey of nearly 300 M&A practitioners shows that appetite for M&A remains robust, with about half of respondents expecting higher M&A activity in their industries in 2021. The survey also shows that M&A will continue to be a key strategic pillar for business, with practitioners expecting M&A to contribute to 45% of their growth over the next three years, compared to about 30% over the past three years. These are among the findings of Bain & Company’s Global M&A Report 2021.

«2021 promises to be a dynamic year for M&A,» said Andrei Vorobyov, a partner at Bain & Company and a leader of the firm’s Mergers & Acquisitions practice.  «Executives expect an uptick in M&A activity and that M&A will become even more important for achieving growth. To compete in this increasingly disruptive environment, M&A practitioners need to rethink their M&A strategy and roadmap; broaden their M&A options to include corporate venture capital, partnerships and minority stakes; and further digitalize their M&A process.»

The surprising increase in deal multiples

In addition to an unexpected rebound, 2020 brought a number of surprises to M&A practitioners, including strong deal valuations across many industries. With the pandemic taking its toll on the economy, it was natural to assume deal valuations would weaken, leading to distressed M&A. Indeed, that is what transpired following the global financial crisis, when deal multiples dropped by about 30% over two years.

But in the unpredictable year of 2020, the opposite happened. Globally, median enterprise value to earnings before interest, taxes, depreciation, and amortization deal multiples increased to 14 times from 13 times in 2019, underpinned by fast-growing industries, such as technology, telecommunications, digital media and pharmaceuticals. Unprecedented government stimulus, combined with continuing low interest rates, a spike in household savings rates, record PE dry powder and accessible debt capital markets, has contributed to sustained asset prices.

A growing urgency to divest

While Covid-19 placed unprecedented demands on management bandwidth, divestiture activity went to the back burner. Divestiture volume was down 15% in 2020, and value dropped by 21%. However, the crisis has added an urgency to divest as companies need to divert their scarce resources to the best opportunities amid increasing industry disruption. Roughly 40% of the practitioners Bain surveyed expect a rise in divestitures over the next 12 months, with the industries hardest hit during the pandemic, such as retail, energy and hospitality, likely to see the highest level of divestiture activity.

Bain’s research indicates willing buy-side demand for divested assets too. About 62% of surveyed M&A practitioners expect more interest in acquiring carved-out assets in their industries over the next 12 months. Meanwhile, private equity (PE) interest in carved-out assets is expected to remain high in the year ahead, with general partners under pressure to continue to put dry powder to use. Across industries, 30% of respondents anticipate PE to increase its interest in buying divested assets, with the biggest anticipated rise in advanced manufacturing.

A continuous appetite for growth and new capability assets

A few years ago, Bain identified an increase in the share of scope deals aimed at helping companies expand into fast-growing markets or gain new, mostly tech and digital, capabilities. This trend continued in 2020, with scope deals further increasing volume share to 56% of all deals more than $1 billion, compared with 41% in 2015.

Technology, consumer products and healthcare stand out with the highest share of scope deals. The need for new critical capabilities was at the heart of many recent scope deals. For example, consumers’ growing demand for direct delivery drove Target’s acquisition of Deliv, Nestlé’s acquisition of Freshly and Ahold Delhaize’s acquisition of FreshDirect.

Scale M&A continues to be relevant as well, especially in industries that are watching the pandemic hasten the disruption of their business models. Traditional media and retail will experience more consolidation as scale becomes increasingly necessary to compete with and outinvest digital competitors.

In banking and telecommunications, consolidation is also being encouraged by regulator support. In banking, the US and Europe are already witnessing the start of domestic consolidation, with such deals as PNC and BBVA in the US, Bankia and Caixa in Spain, and Intesa Sanpaolo and UBI in Italy.

Increasingly local supply chains

Covid-19 accelerated a number of M&A trends that previously felt years away. Among them, the decline in cross-regional M&A in favor of local or regional deals. The rising scrutiny on cross-border deals and ongoing US-China trade tensions have already been slowing down cross-regional trade for a few years. This trend is decisively accelerated by supply chain concerns exposed by the Covid-19 crisis. About 60% of Bain’s survey respondents said supply chain localization will be a significant factor in evaluating deals going forward.

As an indication of this localization, the number of Asian outbound deals into the Americas and Europe fell by 29% year over year in 2020. With overall deal value down only 2.5%, Greater China acquirers directed 93% of their deal spending toward domestic companies, with only around 5% going to deals in the Americas and Europe, the Middle East and Africa. This represents a sharp drop from around 11% in 2019 and roughly 25% in 2016, the peak of Chinese outbound M&A.

Virtual diligences and integrations

In addition to becoming increasingly local, deals rapidly moved online in 2020. Corporate M&A and PE teams have found themselves quickly adapting to the world of virtual due diligence, deal closing and integration. Yet, about 70% of M&A practitioners Bain surveyed said that diligence in 2020 was challenging.

2020 will also be remembered as the year ESG assumed a prominent place among M&A criteria, requiring the extension of target screening, the development of new diligence capabilities and the use of new data sources.

Industry perspectives

More so than in the past, the external environment in each particular industry is setting the boundaries for how much M&A companies can do. Technology, media and telecommunications all saw strong market capitalization increases last year, while energy and financial services saw the biggest declines. Below are some of the most notable industry-specific trends Bain is watching.

Consumer products: It would be natural to blame the pandemic for the drop in consumer products deal value last year, but it represents a continuation of trends that have been playing out over the past three to five years. Bain’s research shows the industry may be due for an uptick in deals—45% of surveyed consumer products M&A practitioners expect deals to increase over the next 12 months. The most profound change in consumer products M&A is in deal mix.

Scope and capability deals now make up 60% of deals greater than $1 billion. Deal activity for insurgent brands—those that significantly outpace category growth while simultaneously reaching minimum scale—has grown twofold to threefold since 2015. These trends point to a more fundamental change in M&A strategy as the consumer products industry reacts to low growth and historic disruption in consumer needs, channel shifts and competition.

Retail: The Covid-19 pandemic hastened the shift to e-commerce, increasing the importance of M&A in the retail industry. The retail M&A practitioners Bain surveyed expect M&A to contribute almost 60% to top-line growth over the next three years compared to around 35% over the past three years, one of the highest jumps among all industries surveyed. Activity will intensify for both scale and scope deals.

Markets are looking for scale, growth and digital performance. Nowhere is this seen more clearly than in the grocery sector. Increasingly, grocers are taking creative new approaches to deals. Some are buying or partnering to integrate supply chains, while others are partnering to access new capabilities and technology and to accelerate growth of new channels.

Technology: Technology M&A roared back from an almost standstill in the second quarter of 2020 to hit record activity in deal volumes and value in the second half of the year. Tech M&A continued to trend toward more growth- and capability-oriented scope deals, representing 81% of industry deals in 2020, far more than other industries. Most significant is the rising interest of nontechnology investors in the tech space, which now account for nearly three-quarters of deals in the technology sector, up from about 60% a decade ago.

Media: In media, Bain expects a flurry of new deals over the next two to three years, with the majority of growth in media coming from video streaming. Bain’s new research shows that there will only be a few winners once the dust settles in this land grab moment. Our data shows that streaming grew quickly in the first half of 2020, but that consumer demand caps at three to four subscriptions. The report also digs into the unique nuances of integrating media companies, especially virtually, given the criticality of creative talent in the industry.

Telecommunications: Following a steep drop the previous year, telecommunications deal value grew by about 50% in 2020. The industry also witnessed a changing deal mix. Despite fears that further industry consolidation would be quashed by regulators, scale M&A rebounded. Meanwhile, infrastructure M&A, a type of deal that’s unique to telecommunications, continued apace as companies sought to monetize infrastructure assets that command three to four times the valuation multiples of the integrated telecom operators themselves.

Banking: The banking industry is primed for an upswing in M&A activity. Valuations are dropping in banking, with average price-to-book value decreasing by 35% globally in 2020. Even after gradual consolidation, banking remains a fragmented industry across all key markets, with the top five banks accounting for only 30% of total deposits in the US, 40% in the UK, and 38% in China. Unlike many other industries, regulators are creating conditions and frameworks that favor consolidation. For example, the European Central Bank recently published guidelines for consolidation in the banking sector.

Finally, there is the impact of Covid-19. Despite government interventions, the economic fallout has caused banks that entered the pandemic in a weaker position than their competitors to weaken even further, widening the rift between the less healthy banks and those that have remained relatively robust despite substantial losses and lower capital ratios. The rift will create opportunities for stronger players to acquire and for weaker players with capital ratio gaps to look into their portfolios for potential businesses to divest.

Insurance: Insurers are streamlining their businesses to redefine themselves with a narrower focus and stronger core. Divesting of noncore businesses represented about 70% of insurance deals valued at more than $1 billion over the past five years. Buyers are taking advantage of these divestitures to strengthen their market position and step into near adjacencies. As there is still considerable uncertainty about how emerging capabilities will mature, many established insurers have chosen to access new capabilities with investments and partnerships. While private technology investments by incumbent insurers slowed in 2020 from their recent pace, Bain expects a rebound in 2021 as insurers build for the future. The continued market enthusiasm for insurtechs suggests that there is no shortage of innovative ideas and capabilities that could benefit insurers.

Editor’s note: To request an interview, please contact Katie Ware at katie.ware@bain.com or +1 646 562 8107.

About Bain & Company
Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

Across 59 offices in 37 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development and the environment. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.

Media Contact:
Katie Ware
Bain & Company
Tel: +1 646 562 8107
katie.ware@bain.com

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SOURCE Bain & Company

WYOMISSING, Pa., Feb. 16, 2021 /PRNewswire/ — After more than thirty-two years of legal and trial experience, James Gavin is running for Judge of the Court of Common Pleas of Berks County because Integrity & Experience Matter. In a testament to Gavin’s integrity and experience, Berks County District Attorney John Adams is endorsing his candidacy.

«Your experience in many areas of the law is exemplary and as a result, you will have the knowledge and the experience to handle varied judicial assignments,» stated District Attorney John Adams in a letter to Gavin.

James Gavin said, «I am honored to receive the endorsement from District Attorney Adams. Our District Attorney displays the perfect example of rectitude that our justice system was founded upon.»

Gavin concluded, «A Supreme Court Justice once observed that the personal security and interests of our citizens rest on the wisdom, stability, and integrity of the judges who serve in our courts. With my years of experience, I intend to bring wisdom, stability, and integrity to the bench, applying the rule of law to everyone evenhandedly.»

Gavin intends to bring his lengthy experience as an attorney and counsellor at law to the Court of Common Pleas and will serve the community with honor and distinction. He possesses all of the qualities necessary to serve the people of Berks County.

Gavin began his career as an assistant district attorney where he prosecuted literally hundreds of cases. At the time of his departure, he held the position of Chief of Trials.

While in private practice as a partner in the Wyomissing law firm of Masano Bradley, Gavin’s experience expanded exponentially. He remains grounded in a litigation practice, handling all types of cases throughout Pennsylvania. He also a broad appellate practice with cases in the Pennsylvania Superior Court, Pennsylvania Commonwealth Court, Pennsylvania Supreme Court and the United States Third Circuit Court of Appeals.

Additionally, he has litigated cases before various state and federal agencies including the labor relations boards, the Pennsylvania Human Relations Commission and the Equal Employment Opportunity Commission.

In May of 2020, Gavin celebrated his thirtieth wedding anniversary with his wife, Ruth.  Gavin and his wife have three daughters. In the fall of 2019, they welcomed their first grandchild to their family.

Contact: Michael Barley
717-576-6733

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SOURCE Committee to Elect James Gavin

HARTSVILLE, S.C., Feb. 16, 2021 /PRNewswire/ — Novolex^® announced today that it is adding easy-to-understand recycling instructions to more of its plastic bags and packaging. The announcement comes just weeks after Novolex revealed plans to increase its capacity to recycle plastic bags.

Novolex, an industry leader in packaging and foodservice products, will add the How2Recycle^® Store Drop-off label to products across its business units. These include products from Shields^® such as poly mailers for shipping applications and security bags frequently used in the banking industry; and products from Hilex^®, including the iconic «Thank You» plastic T-shirt bags, produce bags for conventional and organic items, and the Load & Seal™ Tamper Evident Deliver Bags, which are growing in demand as to-go orders increase at restaurants.

Novolex is a member of How2Recycle, a program created by the Sustainable Packaging Coalition to clearly communicate recycling instructions to the public. The program offers standardized labels that provide clear, concise and consistent instructions for how to recycle each product.

«Increased consumer knowledge is key for the success of recycling, and we are proud to partner with the How2Recycle program to help accomplish that,» said Erik Gonring, Director of Sustainability of Novolex. «People want to do their part for the environment, and labeling our products is one more way to help everyone recycle successfully. Better consumer messaging is one more step towards achieving a circular model for film products.»

In October, Novolex announced that it is investing in a new water treatment system that will increase its capacity to recycle plastic retail bags and other films collected through store drop-off programs. Novolex expects this investment to increase recycling capacity by more than 500,000 pounds per year.

The Novolex recycling center in North Vernon, Ind. processes plastics collected through a North American network of store drop-off collection points, commonly found at grocery stores and other retailers. Consumers can bring back plastic retail bags as well as other select bags and film, including produce bags, bread bags and newspaper bags. Novolex manufactures plastic bags from recycled films collected through store drop-off recycling programs.

To learn more about Novolex and its many products, visit www.Novolex.com.

About Novolex
Novolex develops and manufactures diverse packaging and food service products that touch nearly every aspect of daily life for multiple industries ranging from grocery, food packaging, restaurant and retail to medical applications and building supplies. The Novolex family of brands provides customers innovative paper and plastic solutions for their business needs today while investing in research and development to engineer more sustainable choices for the future. With more than 10,000 employee families, Novolex operates 56 manufacturing centers and administrative offices in North America and Europe, including two world-class plastic film recycling facilities. To learn more about Novolex, visit www.Novolex.com.

Media Contact
Novolex
Phil Rozenski
291480@email4pr.com
1-800-845-6051 

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SOURCE Novolex

NEW YORK, Feb. 16, 2021 /PRNewswire/ — Today, Khaled Salem, running for the U.S. Senate against Chuck Schumer in 2022, urged Israel to take definitive action against Hezbollah and Hamas. In his view, these two terrorist organizations not only threat Israel, but also the peace of the entire region. Salem, as an Arab who immigrated to the US decades ago, has a distinct and extremely well-informed perspective on Middle Eastern politics and US policy. He also serves as CEO for American Human Rights, a New York-based organization. 

«Israel should end these two entities,» Khaled shared. «It would do them a world of good, while making the entire area more stable.» Khaled is disappointed and surprised that these organizations are located in countries that receive financial aid from the international community. He added, «This matter must end immediately, so the world can also cut Iran’s wings in the Middle East.»

Khaled also sent a message to Abdel Fattah el-Sisi, the Egyptian President—and all Arab countries—to release all American detainees in Egypt and other countries as soon as possible. He encourages the Biden administration to make it a firm policy that there should be no American detainees in the Middle East.

The candidate then reiterated his main policy positions. These include calls for New York City’s mayor and police to intensify policing in the streets to mitigate the impact of violence and reckless driving. He would like the Mayor to consider suspending parking tickets so that restaurants can create outdoor dining spaces on street parking spots.

Salem again encouraged the new administration to issue an order to American embassies to stop discriminating against dual American citizens. Other key policy positions include:

• Tourist visas to the US must require travel medical insurance for entry.  
• Laws and procedures to reduce domestic violence nationwide.
• A reduction in U.S. military activity and presence in the Middle East.
• A policy that requires these regions pay for American military services.
• The establishment of a home loan program for middle class single parents.
• Free university education for American students.

Salem is running in the next general election, scheduled for November 8, 2022. Thirty-four of the Senate’s 100 seats are being contested in these elections.

Help Khaled build grassroots momentum by joining his fight to protect our citizens abroad.

For more information, visit https://www.khaled2022forcongress.com/

Media Contact
U.S. Senate Candidate Khaled Salem
518-348-6868
291528@email4pr.com 

 

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SOURCE U.S. Senate Candidate Khaled Salem

SCOTTSDALE, Ariz., Feb. 16, 2021 /PRNewswire/ — As demand for portable and standby generators reaches an all-time high, ZombieBox International announces today a Series A investment of $400,000 from DWP Capital.

ZombieBox, the world’s first at-scale producer of sound-reduction enclosures for portable and standby generators, is experiencing rapidly growing demand for their signature noise-reduction products. Sales of home generators are at an all-time high due to dynamic weather conditions related to climate change, as well as the effects of aging power infrastructures and the transition from traditional power to sustainable energy sources. 

The abundance of home generators, particularly in coastal municipalities, has led to increased noise pollution. Purchasers of alternate power solutions are now considering noise-mitigation strategies, such as the solutions offered by ZombieBox. The company’s products, which include a variety of enclosures and panels, reduce noise pollution and protect generators from adverse weather.

The lead investor was DWP Capital, a Scottsdale-based Family Office of David Paul. Paul, no stranger to venture investing in Arizona, is a partner at Canal Partners and a former Associate at Tallwave Capital.

«I am super excited about ZombieBox,» said Paul. «It’s the right product at the right time. Dave Leedy, Founder and CEO of ZombieBox, is a born entrepreneur, and I have the utmost confidence in his ability to scale production of this product with the right team around him.»

Leedy, who launched ZombieBox in 2014, says that the partnership will help his company reach its full potential.

«Our partnership with DWP is an exciting next step for our company,» said Leedy. «We are looking forward to the growth and efficiency improvements that DWP brings to the company and excited to see ZombieBox grow to become the global household brand that it was meant to be.»

Tim Hargis, who was recently added to the Zombie Box Advisory Board, is a direct-to-consumer e-commerce expert. As a member of the core team of Tuft & Needle, he helped the company grow from $10 million to $200 million. Now, he’s bringing his skills to bear with Zombie Box.

«I’m excited to work with the entire Zombie Box team on the next phase of growth for the company as they continue to innovate and manufacture industry-leading products in the noise control enclosure space,» said Tim. 

Over the last year, ZombieBox has experienced triple-digit growth. To keep up with market demand, the company is investing in major staffing and infrastructure improvements. ZombieBox recently tripled their plant space, and the company plans to double its staffing by the end of 2021. Funding from DWP will be used for marketing activities and continued product development. 

About DWP Capital
A Scottsdale-based Family Office of David Paul, DWP Capital partners with technology leaders, going beyond capital investing to shape strategy, build management organizations, attract customers, initiate acquisition programs, and develop critical industry relationships. DWP is a team of strategic investors dedicated to building exceptional businesses. Learn more at www.dwpinvestments.com.

About ZombieBox International 
ZombieBox International is the world’s first at-scale producer of sound-reduction enclosures for portable and standby generators. Their products are used by individuals and organizations across North America. In addition to generators for private residences, their enclosures are used by federal and state agencies, military, research labs, nuclear facilities, data centers, intel agencies, and police and fire to protect more sensitive types of equipment from malicious modern-day threats and attacks. Learn more at www.zombie-box.com.

DWP Capital
Contact: David Paul
Direct: (561) 310-3267
Email: 291314@email4pr.com

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SOURCE DWP Capital

SELBYVILLE, Del., Feb. 16, 2021 /PRNewswire/ — Based on Global Market Insights Inc., report, the High Purity Alumina Market size was estimated at $1798.1 million in 2020 and is slated to surpass $4.5 billion by 2027, registering a CAGR of 15.1% from 2021 to 2027. The report provides a comprehensive analysis of the top winning strategies, wavering industry trends, drivers & opportunities, top investment avenues, competitive scenarios, market estimations & size.

Alumina is widely used in a variety of applications as it has superior chemical & physical properties such as high heat resistance, excellent electrical isolation, high corrosion resistance, and abrasion resistance. The industry is witnessing a steady growth owing to the proliferating semiconductor sector. HPA is a fairly new industrial-use material employed in the fabrication of semiconductor devices.

The demand for semiconductors is affected by several different underlying end-user applications including data processing, consumer electronics, and communication that account for a prominent share. Its applicability in personal computers, gaming consoles, tablets, television, servers, and iPods has escalated the demand for high-definition display screens, which will subsequently augment the high purity alumina market share.

Request for Sample Report: https://www.gminsights.com/request-sample/detail/1254

The demand for HPA is expanding in fields, such as display materials, energy, semiconductors, computers, and automobiles. In the field of liquid crystal display manufacturing equipment and semiconductors manufacturing equipment, a significant number of alumina components with a high level of plasma corrosion-resistant is utilized. Additionally, these are used for incorporating plasma spray coatings on aluminum, chromium, zinc, nickel, zirconium, or other similar alloys.

The ongoing COVID-19 pandemic has significantly disrupted high purity alumina market size owing to the demand crunch in several parts of the world. The virus is highly contagious due to which most of the nations have announced the repetitive imposition of stringent lockdowns and movement restrictions on domestic and international trade & travel. These restrictive factors have a significant impact on the product demand. However, the industry is expected to rebound in 2021 with the establishment of strict guidelines and demand gradually returning to normalcy.

High purity alumina can be produced in different ways, the most common being the hydrolysis of aluminum alkoxide. The hydrolysis segment will witness around 15% CAGR as the process is used by the majority of manufacturers in the sector and involves costly & highly processed raw materials including aluminum metal. Altech has patented the production technology to obtain up to 4N grade HPA directly from aluminous ores such as kaolin or aluminous clay. The company has also invented a flexible finished product line capable of manufacturing HPA products for the synthetic sapphire industry and the lithium-ion battery sector. Another major manufacturer, Orbite, has developed and patented a process for obtaining superior-grade HPA using fly ash as the principal feedstock

The 6N is a very niche product segment and holds a significant share in the high purity alumina market. The purity level of 6N is 99.9999% and is used in thin-film & sputtering applications. In addition, it is utilized in abrasive, alumina ceramics, and separation membranes. Such high purity grade alumina finds very specific applications and costs exorbitantly higher than the other two product categories. Development in cost-effective production techniques may reduce segment pricing in the future.

The phosphor segment is poised to witness around 15% CAGR in high purity alumina market size. A rapid surge of phosphor-based equipment and appliances including plasma TVs in which pure alumina is used to control & regulate the characteristics of phosphorous products is anticipated to rise and aid in increasing the product market during the forecast timeframe.

Request for customization of this report: https://www.gminsights.com/roc/1254

Latin America high purity alumina market size will cross over USD 350 million by 2027 with the expansion in regional LED manufacturing. It is due to cost-effective labor, easy availability of raw materials, and abundance of land. The product is widely used in the manufacturing processes of electronic goods. The Middle East & Africa will witness steady growth owing to the lack of manufacturing sectors in the region. However, fast-developing scenarios in the Gulf countries, especially Saudi Arabia, will have a significant influence on the regional high purity alumina market growth over the forecast span.

Strategic mergers and acquisitions by high purity alumina industry players to increase regional presence. Major players comprise Altech, Baikowski SAS, Alcoa Corporation, Orbite Technologies, Inc., Nippon Light Metal Holdings Company Ltd., Norsk Hydro ASA, United Company RUSAL Plc, Rio Tinto Alcan, Hebei Pengda Advanced Materials Technology Co., Ltd., Shangdong Keheng Crystal Material Technologies Co., Ltd., Zibo Honghe Chemicals Co., Ltd., Chalco Shangdong Co., Ltd., and Polar Sapphire.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting, and business intelligence services, Global Market Insights, Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.

GMIPulse, our business analytics platform offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top-level categories and hundreds of industry segments within them, covering regional, company level, and cross-sectional statistics that make our offering a stand-out for decision-makers.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

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High Purity Alumina Market Outlook – 2027

Related Links

Global Aluminum Market Statistics and Forecast – 2027

Electrical Steel Market Statistics and Forecast – 2025

 

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SOURCE Global Market Insights Inc.

ATLANTA, Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^®, the world’s largest home improvement retailer, announced today that Ted Decker, president & chief operating officer, and Jeff Kinnaird, executive vice president of merchandising, will present at the Raymond James Virtual 42^nd Annual Institutional Investors Conference. The presentation will begin at 1:20 p.m. ET on March 2, 2021.

The presentation will be webcast live over the internet at http://ir.homedepot.com/events-and-presentations. A link will be displayed under «Events and Presentations.» The webcast will be archived and available at the same location after the conclusion of the live event and will be available until April 1, 2021.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,296 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

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SOURCE The Home Depot